Niels Kortleve, innovation manager at PGGM, said EIOPA, in its consultation process on the QIS launched earlier this month, had missed the opportunity to evaluate the possible negative effects additional capital requirements could have on the pension fund industry. "What seems to be missing from the QIS is how EIOPA will react if the study on the capital requirements reveals a deep impact on occupational pensions", Kortleve said. "If those elements do not appear in the consultation process, the European Commission will be unable to consider the QIS properly."
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